Remember when inflation was 7% in 2021 and 6.5% in 2022...it didn't matter that it dropped to 2.9% in an election year
To put this in perspective Let's say something cost 100 bucks before the pandemic
100 bucks in 2020
107 bucks in 2021
113 bucks in 2022
117 bucks in election year.
The average consumer is like - it was 100 bucks 4 years ago,
miss me with that it only went up 4 bucks this year.
That's what a lot of these democrats, policy wonks, economists, talking heads, etc don't seem to understand.
Everything we buy on a day to day is more expensive, and usually worse.
And most of the time income isn't going up, much less with the rate of inflation.
So even if the average person thinks that 100 bucks in 2020 is now 117 bucks in 2025 - that 17% jump in pay isn't really A RAISE.
They're not doing better, People are barely treading water, and that's if they're lucky.
At no point can folks get ahead.
And it's been like that for decades.
Boomers with high school degrees, a house, couple of cars - send their kids to college - so that the kids can live an even better life - and the kids come right back to live in the basement, live over the garage, work a BS job and pay back loans that will never end.
And this is happening to kids that have CS and Engineering degrees, internships, nice looking githubs, etc. Not just art history or philosophy.
These people in charge don't realize how bad it is nor the trajectory that we're going on.